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Title: Block with extra large fee Post by: cr1776 on August 14, 2013, 11:18:44 AM Did anyone notice the block this morning with an extra large fee, over 16 BTC in it:
http://blockchain.info/block/000000000000000fd4a3801c9df5ba3d8570e56cad29c28026d072051090e9f1?site=slush (http://blockchain.info/block/000000000000000fd4a3801c9df5ba3d8570e56cad29c28026d072051090e9f1?site=slush) Specifically this transaction in it with 15.8 BTC in fees: http://blockchain.info/tx/2d3948735b50f3a920419345f52f2fcc4c51c37eab9ab7d4c81b06c933d09b70 (http://blockchain.info/tx/2d3948735b50f3a920419345f52f2fcc4c51c37eab9ab7d4c81b06c933d09b70) Interesting? Title: Re: Block with extra large fee Post by: K1773R on August 14, 2013, 11:21:14 AM someone failed to understand how bitcoin's transactions work and how to use rawtx...
Title: Re: Block with extra large fee Post by: solex on August 14, 2013, 11:24:48 AM Ha. You should see the 94 BTC someone once paid as a transaction fee:
So, despite the block reward being >$1000, and not due for halving until 3.75 years time, fees are forced to do a moonshot. That "moonshot" is because someone created a single transaction with 94BTC in fees: 13dffdaef097881acfe9bdb5e6338192242d80161ffec264ee61cf23bc9a1164 (http://blockchain.info/tx/13dffdaef097881acfe9bdb5e6338192242d80161ffec264ee61cf23bc9a1164) Fees are rising, but they haven't spiked like you think they have. Title: Re: Block with extra large fee Post by: Meizirkki on August 14, 2013, 11:25:20 AM Maybe an automatic wallet sweep by some of the android wallets?
Title: Re: Block with extra large fee Post by: K1773R on August 14, 2013, 12:16:06 PM Maybe an automatic wallet sweep by some of the android wallets? yes, lets steal money and pay HUGE fees if you dont have to pay that much... someone able to steal the BTCs from the faulty android devices is obviously not that stupid ;)Title: Re: Block with extra large fee Post by: Meizirkki on August 14, 2013, 01:25:56 PM Maybe an automatic wallet sweep by some of the android wallets? yes, lets steal money and pay HUGE fees if you dont have to pay that much... someone able to steal the BTCs from the faulty android devices is obviously not that stupid ;)Title: Re: Block with extra large fee Post by: K1773R on August 14, 2013, 01:57:05 PM Maybe an automatic wallet sweep by some of the android wallets? yes, lets steal money and pay HUGE fees if you dont have to pay that much... someone able to steal the BTCs from the faulty android devices is obviously not that stupid ;)Title: Re: Block with extra large fee Post by: westkybitcoins on August 14, 2013, 02:03:09 PM Maybe an automatic wallet sweep by some of the android wallets? yes, lets steal money and pay HUGE fees if you dont have to pay that much... someone able to steal the BTCs from the faulty android devices is obviously not that stupid ;)No, the fees are too high for that even. That transaction was under 48K in size. IIRC, it's 0.0001 BTC per 1K, and that's only 0.0048 BTC required for the transaction fee. Far less than even 1 BTC, never mind 15 BTC. It's not that fees have shot up. Someone just made an error (or is doing something else strange, like processing their own large-fee transactions as a way to "mix" their own coins.) Title: Re: Block with extra large fee Post by: DannyHamilton on August 14, 2013, 02:10:31 PM Ha. You should see the 94 BTC someone once paid as a transaction fee: or the 111 BTC someone accidentally paid back in January: https://blockchain.info/tx-index/42570186 Title: Re: Block with extra large fee Post by: forexmasterja on August 14, 2013, 02:33:37 PM Ha. You should see the 94 BTC someone once paid as a transaction fee: or the 111 BTC someone accidentally paid back in January: https://blockchain.info/tx-index/42570186 In the case of this transaction that was mined by BTC Guild, who gets the fees ?? BTCGUILD Management ? Title: Re: Block with extra large fee Post by: DannyHamilton on August 14, 2013, 02:41:02 PM Ha. You should see the 94 BTC someone once paid as a transaction fee: or the 111 BTC someone accidentally paid back in January: https://blockchain.info/tx-index/42570186 In the case of this transaction that was mined by BTC Guild, who gets the fees ?? BTCGUILD Management ? In this case, 9 BTC were paid out to the PPLNS users on the pool that are paid transaction fees. The mining pool was kind enough to send the rest of the excessive fee back to the person who accidentally paid it: Just confirm it's safe to do so and I can send 101 BTC back to the originating address. Unfortunately a bit does get eaten up because PPLNS users on the pool are paid transaction fees (but only a minor percentage of users take part in PPLNS). 1ciyam3htJit1feGa26p2wQ4aw6KFTejU is the originating address. That would be wonderful of you (losing 10 BTC is at least much better than losing 111 BTC). I've sent a PM with a message and signature to prove I own it. 102 BTC returned in this transaction: http://blockchain.info/tx-index/42579467/4a0fe8cb78b19778a49d171642649c9ee25453ed206894c88b049d0ee7939a0f I'd highly recommend not creating raw transactions in the future unless absolutely necessary :). $1,500 is a pretty risky mistake if it didn't land on a known pool wallet/IP. |